Credit Suisse Equities (Australia) Limited SWIFT/BIC code

SWIFT/BIC code of Credit Suisse Equities (Australia) Limited

FPSLAU3M and FPSLAU3MXXX are two spellings of the same SWIFT/BIC code, and both point to Credit Suisse Equities (Australia) Limited in Melbourne. A SWIFT code shows the sending bank exactly which bank should receive the money, much like a postcode for banks. In practice you usually see it on invoices from abroad, in payment forms and on the account details of Credit Suisse Equities (Australia) Limited customers.

This page is meant to help anyone who receives money at an account at Credit Suisse Equities (Australia) Limited and wants to get the details right. The BIC names an institution, not a single account; the IBAN or account number does that.

Australian Dollar (AUD) and conversion costs

Australia pays in the Australian Dollar (AUD). When you pay money in a different currency, the amount gets converted somewhere along the way. Each conversion costs something, even when no fee is shown.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. In many cases you pay less to send AUD directly via a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

Exchange rates change during the day – some services let you fix a rate in advance. With bigger transfers, even small gap in the rate adds up quickly.

Watch out for payment fraud

Fraudsters regularly use payment requests containing new bank details. A correct SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Check new payment details via a separate channel like a call to a number from an earlier contract, not by replying to the message. Urgency and requests to keep it quiet are red flags. Already paid? Contact the bank you paid from straight away and have them try to recall the payment and report the fraud.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to send back the difference abroad. A screenshot of a transfer is no proof; only your own account shows what has arrived.

A note on our data

We gather bank codes from public sources and update our list regularly. It is possible that information on this page is no longer current after a merger or reorganisation. The figures on this page reflect our own data.

For a payment of any size, always confirm the BIC with the recipient’s bank or with the recipient. GoldexPay is an independent comparison site for money transfers and not affiliated with Credit Suisse Equities (Australia) Limited. If you notice something that is out of date, we welcome a message via the contact page.

Head office or branch code at Credit Suisse Equities (Australia) Limited?

Having 2 codes, Credit Suisse Equities (Australia) Limited belongs to the banks that use individual codes for parts of the organisation and departments. The head office code is FPSLAU3MXXX.

If nobody asks you for a branch code, go with FPSLAU3MXXX. Branch codes are only needed when the account holder explicitly mentions it, which is more common for corporate accounts and trade services.

Unsure which code applies? Check with the recipient, or look at a recent statement from Credit Suisse Equities (Australia) Limited. Codes can change over time, so do not rely on old paperwork.

Is FPSLAU3M still correct? How to check

The safest source for the BIC is the bank details provided by the recipient. Check that code against FPSLAU3M on this page.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges. An error in the IBAN or account number is more serious, so check that just as carefully.

An automatic check in your banking app merely tells you that the code exists – not that it belongs to the person you mean to pay. If your bank offers it, a name check on the recipient gives extra certainty. A small test payment is worth it for large sums, even if it costs an extra fee.

Why Credit Suisse Equities (Australia) Limited has an 8- and an 11-character code

Each SWIFT/BIC code has an 8-character core: a four-letter bank code, a two-letter country code and a two-character location code. That gives you FPSLAU3M for Credit Suisse Equities (Australia) Limited.

The long version adds a three-character extension for a branch or department. If the last three are XXX, the code points to the head office, which is why FPSLAU3MXXX and FPSLAU3M lead to the same place.

Leave out spaces when you enter FPSLAU3M or FPSLAU3MXXX. Look out for the letter O and the digit 0 and the letter I and the digit 1, a common source of typos.

Transfer times and tracking a payment to Credit Suisse Equities (Australia) Limited

A SWIFT payment typically takes anywhere from one to several business days, depending on the currency, the route and the banks involved. Payments made after the cut-off time or just before weekends and holidays usually go out a business day later. Extra checks on larger or unusual payments may also add a delay.

A growing number of banks use SWIFT gpi for faster and traceable payments. Each payment gets a unique reference, the UETR. Specialist transfer services often show a status online showing where the payment has got.

The bank that sent the money can request a trace – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, you can look at your account for a partial amount because fees can reduce the amount.

What a transfer from Credit Suisse Equities (Australia) Limited abroad really costs

A bank transfer abroad can cost more than the fee suggests. Besides the transfer fee, correspondent or intermediary banks can take a cut, and if the money changes currency the bank usually applies a rate below the real market rate.

The real cost is often in the rate, rather than in the fee: many banks convert at a rate with a margin built in. An easy check: set the rate you get next to the mid-market rate for the same moment and look at the difference.

For a lot of routes, a transfer service is cheaper than a bank, mainly because of the exchange rate. Next time you send money, it is worth comparing what arrives via GoldexPay. Using a transfer service does not require closing your account at Credit Suisse Equities (Australia) Limited.

Incoming international payments to Credit Suisse Equities (Australia) Limited

When you expect money from abroad, send the payer everything they need in one go. Give them your name as the bank knows it, the IBAN or account number, the BIC FPSLAU3MXXX and your address, which some banks require.

It helps to add Credit Suisse Equities (Australia) Limited and its city as well, because some payment forms have separate fields for them. Check each detail before you share them.

Money from abroad does not always land for the full amount. Charges on incoming payments differ from bank to bank; check the price list of Credit Suisse Equities (Australia) Limited. For business payments, you can agree who bears the costs, so that nobody is left short.